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Virgin Orbit, the smallsat launcher that was part of the Virgin Group, shuttered in 2023 after a launch failure and fundraising troubles.
Virgin Orbit’s 2022 horizontal launch licence included an indemnity cap of $250 million.
The indemnity caps in the Virgin Orbit, Skyrora, and Rocket Factory Augsburg licences were imposed as a matter of policy rather than as a statutory requirement prior to the 2025 Act.
Rocket Factory Augsburg is likely to be the next operator to attempt a launch from UK soil since Virgin Orbit’s failed flight in January 2023.
Virgin Orbit's historic first mission from Cornwall failed to reach orbit about three years ago, leading Virgin Orbit to file for Chapter 11 bankruptcy protection and subsequently cease operations.
Spaceport Cornwall hosted the first orbital launch attempt from U.K. soil in January 2023, conducted by Virgin Orbit, which failed to reach orbit.
Rocket Lab is producing Neutron engines at a former Virgin Orbit facility in Long Beach, California that Rocket Lab acquired after Virgin Orbit’s bankruptcy.
Virgin Orbit filed for bankruptcy three months after its unsuccessful launch in January 2023.
Virgin Orbit successfully navigated launch regulations in the UK for its mission.
Virgin Orbit's LauncherOne mission in January 2023 failed to reach orbit.
In January 2023, Virgin Orbit conducted a mission of its LauncherOne air-launch system from Spaceport Cornwall.
Virgin Orbit conducted an ill-fated debut launch from southwest England in 2023 that contributed to the collapse of its U.S.-based horizontal launch business.
Stratolaunch is modifying a Boeing 747 acquired in Virgin Orbit’s bankruptcy auction to serve as a second air-launch platform.
Spaceport Cornwall provided the runway for Virgin Orbit’s failed launch from the United Kingdom in January 2023.
NorthStar had planned to launch the four satellites on Virgin Orbit’s LauncherOne system before Virgin Orbit filed for Chapter 11 in April 2023 and was later liquidated.
The U.K. Space Agency released a lessons learned report on 2023-12-14 about the "UK Pathfinder Launch," the 2023-01-01 Virgin Orbit LauncherOne launch from Spaceport Cornwall.
iQPS signed a contract with Rocket Lab in August to launch QPS-SAR-5 after Virgin Orbit’s bankruptcy.
The QPS-SAR-5 satellite was originally scheduled to launch on Virgin Orbit’s LauncherOne before Virgin Orbit filed for bankruptcy in April and was liquidated.
An initial batch of satellites provided by Spire Global was due to launch with Virgin Orbit in summer 2023 before Virgin Orbit entered bankruptcy in April 2023.
Virgin Orbit developed an air-launch system using its Cosmic Girl carrier aircraft to deploy the LauncherOne rocket.